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Imports from the rest of the world stood at €183.1 bn, a rise of 6.0% compared with March 2018 (€172.7 bn). As a result, the euro area recorded a €22.5 bn surplus in trade in goods with the rest of the world in March 2019, compared with + €26.9 bn in March 2018. Intra-euro area trade fell to €172.1 bn in March 2019, -0.3% compared with March 2018.
In January to March 2019, euro area exports of goods to the rest of the world rose to €575.6 bn (an increase of 3.9% compared with January-March 2018), and imports rose to €532.2 bn (an increase of 4.8% compared with January-March 2018). As a result the euro area recorded a surplus of €43.5 bn, compared with +€46.5 bn in January-March 2018. Intra-euro area trade rose to €500.6 bn in January-March 2019, up by 2.5% compared with January-March 2018.
European Union
The first estimate for extra-EU28 exports of goods in March 2019 was €173.4 billion, up by 1.2% compared with March 2018 (€171.3 bn). Imports from the rest of the world stood at €170.4 bn, up by 6.4% compared with March 2018 (€160.1 bn). As a result, the EU28 recorded a €2.9 bn surplus in trade in goods with the rest of the world in March 2019, compared with +€11.2 bn in March 2018. Intra-EU28 trade rose to €317.2 bn in March 2019, +2.7% compared with March 2018.